CHMG Stock Overview
Operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
Chemung Financial Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$49.00 |
| 52 Week High | US$55.73 |
| 52 Week Low | US$39.00 |
| Beta | 0.19 |
| 1 Month Change | -6.36% |
| 3 Month Change | 3.66% |
| 1 Year Change | -1.61% |
| 3 Year Change | 7.81% |
| 5 Year Change | 16.64% |
| Change since IPO | 2,283.78% |
Recent News & Updates
Recent updates
Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
Nov 23
We think Chemung Financial Corporation's (NASDAQ:CHMG) CEO May Struggle To See Much Of A Pay Rise This Year
May 29Chemung Financial (NASDAQ:CHMG) Has Affirmed Its Dividend Of $0.31
Feb 25Chemung Financial (NASDAQ:CHMG) Has Affirmed Its Dividend Of $0.31
Dec 13Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
Nov 19Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of $0.31
Sep 03Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
Aug 20Chemung Financial Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 24Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of $0.31
Jun 06Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
May 23Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
Dec 09Chemung Financial's (NASDAQ:CHMG) Dividend Will Be $0.31
Sep 07Chemung Financial (NASDAQ:CHMG) Is Paying Out A Dividend Of $0.31
Aug 21Chemung Financial declares $0.31 dividend
Aug 17Chemung Financial GAAP EPS of $1.72, revenue of $24.7M
Jul 21Chemung Financial's (NASDAQ:CHMG) Dividend Will Be US$0.31
Jun 09Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of US$0.31
May 22Shareholders May Not Be So Generous With Chemung Financial Corporation's (NASDAQ:CHMG) CEO Compensation And Here's Why
Jun 02Shareholder Returns
| CHMG | US Banks | US Market | |
|---|---|---|---|
| 7D | -1.2% | 0.1% | -1.1% |
| 1Y | -1.6% | 28.7% | 22.4% |
Return vs Industry: CHMG underperformed the US Banks industry which returned 29.4% over the past year.
Return vs Market: CHMG underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| CHMG volatility | |
|---|---|
| CHMG Average Weekly Movement | 3.5% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CHMG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CHMG's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1833 | 339 | Anders Tomson | www.chemungcanal.com |
Chemung Financial Corporation operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial and residential mortgage loans; and consumer loans, including home equity lines of credit and home equity term loans.
Chemung Financial Corporation Fundamentals Summary
| CHMG fundamental statistics | |
|---|---|
| Market cap | US$235.07m |
| Earnings (TTM) | US$21.56m |
| Revenue (TTM) | US$93.48m |
10.8x
P/E Ratio1.1x
P/B RatioIs CHMG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CHMG income statement (TTM) | |
|---|---|
| Revenue | US$93.48m |
| Cost of Revenue | US$0 |
| Gross Profit | US$93.48m |
| Other Expenses | US$71.92m |
| Earnings | US$21.56m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.53 |
| Gross Margin | 100.00% |
| Net Profit Margin | 23.06% |
| Debt/Equity Ratio | 31.6% |
How did CHMG perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield27%
Payout RatioDoes CHMG pay a reliable dividends?
See CHMG dividend history and benchmarks| Chemung Financial dividend dates | |
|---|---|
| Ex Dividend Date | Dec 19 2024 |
| Dividend Pay Date | Jan 02 2025 |
| Days until Ex dividend | 12 days |
| Days until Dividend pay date | 2 days |
Does CHMG pay a reliable dividends?
See CHMG dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 03:07 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Chemung Financial Corporation is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bishop | D.A. Davidson & Co. |
| Jacob Civiello | Janney Montgomery Scott LLC |
| Christopher McGratty | Keefe, Bruyette, & Woods |